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Ham Kerr Property

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Kew Property Success Story

By Michael Katsaris

March 2nd, 2024

As we reflect on our recent achievements in Kew, one story stands out, encapsulating our commitment to excellence and client satisfaction. After a decade of managing 23 Albert Street as a rental, delivering consistently above-market rent (5-10% more), we had the privilege of handling its sale. Our client’s trust, cultivated through years of fuss-free management and minimal vacancies, led to a remarkable auction outcome last September.

23 Albert Street, Kew
Sold: 16th September 2023 for $4,930,000
Land Size: 706 sqm
Achievement: $6,983 per sqm, a testament to our strategic marketing and negotiation skills.

This sale not only underscores our expertise but also sets a new benchmark in the Kew property market, especially when compared to other recent sales in the vicinity:

22 John Street, Kew
Sold: 11 July 2023 for $5,000,000
Land Size: 836 sqm
Price per sqm: $5,981

13 Fellows Street, Kew
Sold: 16th September 2023 for $4,010,000
Land Size: 801 sqm
Price per sqm: $5,006

These figures not only highlight the exceptional results we achieve for our clients but also our deep understanding of the Boroondara real estate market. Our approach is tailored, our service unparalleled, and our results speak volumes.

To our sales team, every property is a priority, and every client’s success is our success. Whether managing your investment or navigating the complexities of selling your home, we bring a decade of excellence to your real estate

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Weekly Australian Property Market Update

Australia’s auction market showed early signs of stabilisation over the latest weekend, as highlighted in our latest Weekly Australian Property Market Update, with both Melbourne and Sydney recording modest improvements in clearance rates. Growing expectations of future interest-rate relief, combined with a lift in buyer confidence, appear to be filtering through the market and influencing purchasing activity.

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